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$267,400
Favorite
7
beds
4
baths

18508 Torrence Avenue

Lansing, Illinois 60438
Closed / MLS #11078829 / Multiple Unit (2-4) / Lansing
Listing information updated 7/22/2021 at 4:43pm
Fully Rehabbed 4 Unit Building on Torrence Ave, New Roof, Gutters, Windows, Kitchen, Baths, Hot water Tanks & Furnaces. Each Unit Has An Individual Forced Air Gas Furnace, and Individual Water Heaters. Tenants Pay Electric and Gas. There Is A Small Gas & Electric Bill for the Common Areas. Land Lord Pays Water & Garbage. Laundry Income Coin Collected. 2 BD 1 BA $875 2 BD 1 BA $925 2 BD 1 BA $900 1 Bed1 BA $840 Real Estate Taxes $13,762 Insurance $2,000 Water/Sewer $1,400 Common Area Electric $280 Gas $360 Landscaping/Snow $950 Trash Removal $984 Repairs & Maintenance $1,250 Total Expenses $20,986 NOI $22,744 Price $295,000 Cap Rate 7.71% Major Upside On Rents

Full Features

Exterior Type:
Brick
Basement:
Partially Finished
Beds Above Grade:
7
Heating System:
Natural Gas
Pool:
No
Age:
51-60 Years
Parking Type:
Space/s
Parking Spaces:
8
Room Count:
20
Water Front:
No
Square Feet:
N/A
Lot Size:
Less Than .25 Acre
Acreage:
0.14

Taxes & Assessments

Tax Amount:
$12,511
Tax Year:
2019

Location

Zip Code:
60438
City:
Lansing
County:
Cook

Schools

School District(s):
158, 215
Elementary School:
N/A
Middle School:
N/A
High School:
N/A

Listing Office: Horvath & Tremblay IL, LLC

Listing Office Phone: 312.533.8899

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 7/22/2021 at 4:43pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

$190,327
Average Sale Price
51
Average Days On The Market
98%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 18508 Torrence Avenue, Lansing, IL 60438

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18508 Torrence Avenue is a multiple unit (2-4) which sold for $267,400. 18508 Torrence Avenue features 7 Beds, 4 Baths. This multiple unit (2-4) has been listed on @properties since May 6th, 2021 and was built in 1962.

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